Tag : Intu
Intu offloads Spanish shopping centreSubscription
Ailing shopping centre owner Intu has sold Spain’s Intu Asturias for €290m (£245.15m), as the business continues efforts to turn around its fortunes.
Retailers take action on propertySubscription
Retailers are seizing the opportunity to take “decisive action” on their property portfolios in 2020, say experts, as restructurings and company voluntary arrangements continue to put downward pressure on rents.
Intu sells Spanish shopping centre Subscription
Shopping centre owner Intu has offloaded the largest shopping centre in Spain to Spanish investment group Generali Shopping Centre Fund for €475.3m (£405m).
The great council retail property takeoverSubscription
Retail property companies are dumping assets as they seek to reduce their exposure to the sector, and councils are stepping in to buy them and taking on the risk and cost of developing them.
Intu calls in advisersSubscription
Shopping centre owner Intu is reported to have drafted in advisers to work on a balance-sheet restructuring.
Intu offloads Northern Irish retail park Subscription
Property company Intu has announced the sale of Sprucefield Retail Park in Northern Ireland for £40m.
Shopping centres: the new rules of engagementSubscription
In the battle to attract footfall, shopping centres are redefining their relationships with retailers and transforming into venues for experiences.
Buyers circle IntuSubscription
Intu Properties, the embattled owner of locations such as Manchester’s Trafford Centre and Intu Lakeside in Essex, is reportedly exploring a buyout deal after a challenging period for its shopping centre portfolio.
'Wave of CVAs' hits IntuSubscription
Shopping centre owner Intu has launched a five-year “transformational strategy” after a challenging first half plagued by retailer company voluntary arrangements (CVAs) saw its rental income tumble.
Intu contributes £5bn to UK economySubscription
Retail and leisure destinations owned by shopping centre landlord Intu contributed almost £5bn to the UK economy in 2018, new research has found.